Litigating Trade Secret Disputes Across Texas
The difference between success and failure in the fiercely competitive world of business and commerce can come down to a unique idea, innovation, formula, strategy, or process. It is paramount that businesses protect this information and secure its confidentiality to ensure it does not end up in the hands of the competition. Businesses oftentimes find themselves dealing with security breaches in which the very information that serves as their foundation and competitive advantage are at risk, have been threatened, or have been unlawfully appropriated.
The misappropriation of trade secrets occurs when trade secrets are acquired through breach of a confidential relationship or by other improper means, such as theft, wiretapping, or even espionage. For example, employees have a duty not to use confidential, proprietary, or trade secret information in a manner adverse to their employer. When an employee is provided with the recipe for an employer’s “secret sauce” and then disseminates that information to others—or perhaps even worse, uses it to start or benefit a competitive business—the potential harm can be devastating.
Get Representation from a Qualified Firm
The Dallas attorneys at Lyons & Simmons, LLP have handled lawsuits involving claims of misappropriation of trade secrets in federal and state courts as well as before arbitration panels.
Our lawyers recognize the severe impact that may arise if sensitive, confidential information is made publicly available, and are familiar with the most effective strategies to contain and resolve such matters as quickly as possible—whether through emergency injunctive relief, by sealing court records, or by obtaining protective orders related to the trade secrets at issue.
You can schedule a free consultation with Lyons & Simmons, LLP by calling (844) 297-8898. Nationwide counsel.
Identifying a Trade Secret Case
As competing businesses operate in the same space, there may be some overlap involved. However, there is a difference between a competition of ideas and the misappropriation of proprietary information.
In Short, a Trade Secret Case Will Need to Demonstrate the Following:
- The information, process, formula, pattern, or other business information qualifies as a trade secret;
- Reasonable precautions were taken to maintain secrecy; and
- The secrecy was intentionally broached.
If you suspect your company's proprietary information is being misused or have been accused of a trade secrete violation, it is very important that you secure legal guidance through this time. As lawyers who have handled extensive lawsuits involving claims of misappropriation of trade secrets (at both the state and federal level), our legal team stands ready to handle your case. We have also represented clients before arbitration panels and are thoroughly skilled in negotiations.
Contact Lyons & Simmons, LLP to Set up a Consultation
We are here to discuss your trade secret claim with you at Lyons & Simmons, LLP. We encourage you to call our firm today at (844) 297-8898. Our business litigation lawyers in Dallas take quick, effective action on behalf of our clients. We understand the processes involved in such cases and do not delay in protecting your rights.
Request a free consultation with our firm today: (844) 297-8898.